• Title of article

    Taylor rules, omitted variables, and interest rate smoothing in the U

  • Author/Authors

    Efrem Castelnuovo، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    5
  • From page
    55
  • To page
    59
  • Abstract
    We test for the presence of interest rate smoothing in forward looking Taylor rules in first differences. We also consider financial and asymmetric preferences indicators. We find that interest rate smoothing is not induced by an omitted variable bias.
  • Keywords
    Observational equivalence , Omitted variables , Taylor rules , Interest rate smoothing , Serial correlation
  • Journal title
    Economics Letters
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435266

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435266